Brazilian fused alumina market prices stay stable
2024-04-03 13:32:20 [Print]
BEIJING (Asian Metal) 3 Apr 24 - Although the Chinese white fused alumina prices decreased, most producers in Brazil intend to hold the prices unchanged based on stable sales. The mainstream prices of white fused alumina 99%min 1-3mm in Brazil stand steady at USD750-770/t EXW D/P, on par with last week. Considering the fierce competition from Chinese suppliers, market participants anticipate that the Brazilian mainstream prices of white fused alumina would keep steady in the coming week.
A consumer in Brazil states, "The quotation we received for white fused alumina 99%min 1-3mm at USD760/t EXW D/P this week, in line with last week. We last bought about 200t back in mid-March at USD760/t. " Despite the Chinese suppliers offer USD650/t FOB this week, given the sea freight as high as USD200/t, they still prefer to buy from local market at present. In light of the steady prices from local market, they hold the view that the Brazilian white fused alumina mainstream prices would keep firm in the coming week.
Based on an monthly consumption volume of 100t, they expect to consume around 100t this month, in line with last month. They hold around 100t in stock at present.
A producer in Brazil reveals, "We now quote USD760/t for white fused alumina 99%min 1-3mm and could accept a concession as much as USD10/t, in line with a week ago." They last sold about 100t at USD760/t EXW D/P about three days ago to a local consumer. They usually adjust their prices according to Chinese competitors' prices and given the high prices from Chinese market, they plan to hold their prices stable and forecast that the Brazilian white fused alumina mainstream import prices would keep flat in the coming week.
Based on an annual production capacity of 50,000t, they expect to produce around 3,000t this month, in line with last month. They hold around 1,000t in stock at the moment.
A consumer in Brazil states, "The quotation we received for white fused alumina 99%min 1-3mm at USD760/t EXW D/P this week, in line with last week. We last bought about 200t back in mid-March at USD760/t. " Despite the Chinese suppliers offer USD650/t FOB this week, given the sea freight as high as USD200/t, they still prefer to buy from local market at present. In light of the steady prices from local market, they hold the view that the Brazilian white fused alumina mainstream prices would keep firm in the coming week.
Based on an monthly consumption volume of 100t, they expect to consume around 100t this month, in line with last month. They hold around 100t in stock at present.
A producer in Brazil reveals, "We now quote USD760/t for white fused alumina 99%min 1-3mm and could accept a concession as much as USD10/t, in line with a week ago." They last sold about 100t at USD760/t EXW D/P about three days ago to a local consumer. They usually adjust their prices according to Chinese competitors' prices and given the high prices from Chinese market, they plan to hold their prices stable and forecast that the Brazilian white fused alumina mainstream import prices would keep flat in the coming week.
Based on an annual production capacity of 50,000t, they expect to produce around 3,000t this month, in line with last month. They hold around 1,000t in stock at the moment.
